Tagged: aircraft

Shield AI Acquires $200M, Achieving $2.7B Valuation

Shield AI, the defense technology company building the AI pilot for aircraft, today announced it has raised $200 million in Series F funding in an oversubscribed funding round. This latest investment round, “led by U.S. Innovative Technology Fund (USIT) and co-led by Riot Ventures, with… Read More

XTI Aircraft Update: Now Accepting More Orders for TriFan 600 Vertical Takeoff Airplane

XTI Aircraft Company (XTI) announced on Wednesday it received several additional orders and deposits for the TriFan 600 aircraft from customers under its pre-sales program. As previously reported, XTI is currently working on the aircraft called, the TriFan, which is described as a six-seat aircraft that will have the… Read More

Hybrid Air Vehicles Confirms: Airlander 10 Made Contact With Power Line Outside Airfield Before Crash Landing

Following the Airlander 10 crash landing during its second test flight yesterday, Hybrid Air Vehicles announced what happened to the aircraft just before it made that rough ground contact. The wing-shaped aircraft is notably able to fly for up to five days at a time if… Read More

Hybrid Air Vehicles’ Airlander 10 Crashes During Second Test Flight (Video)

Just one week after its exciting and highly anticipated first flight, Hybrid Air Vehicles’ Airlander 10 experienced an issue and crashed during the final minutes of its second test flight on Wednesday. Airlander 10 is a wing-shaped aircraft that can fly for up to five… Read More

Hybrid Air Vehicles Chief Test Pilot: “It Was a Privilege to Fly the Airlander For the First Time & It Flew Wonderfully”

Following Airlander 10’s first flight on Wednesday (August 17th), Hybrid Air Vehicles revealed more details about its highly-anticipated aircraft’s maiden voyage. Last year, Hybrid Air Vehicles debuted its first campaign on equity crowdfunding platform Crowdcube to raise £2 million for the Airlander 10. During the round, the… Read More

Hybrid Air Vehicles’ Airlander 10 Makes First Flight From Cardington Sheds (Video)

And we officially have lift off! Hybrid Air Vehicles’ highly-anticipated aircraft, Airlander 10 has officially made its first maiden voyage from Cardington Sheds in Bedfordshire. This news comes just a few days after the company had to reschedule the launch due to technical difficulties.  Hybrid Air… Read More

Hybrid Air Vehicles’ Airlander Successfully Completes First Hangar Exit

Earlier this week, Crowdcube #FundedClub member, Hybrid Air Vehicles, announced its Airlander 10 had completed its first hangar exit. Last year, the London-based company launched its first equity crowdfunding campaign on Crowdcube to raise £2 million for the Airlander. During the funding round, the company successfully raised 2.1… Read More

XTI Aircraft Company Picks Honeywell Aerospace To Supply Engines For First TriFan 600 Prototype

On Monday, XTI Aircraft Company (XTI) officially announced it has entered into a preliminary agreement with the Aerospace division of Honeywell International. Honeywell will supply the HTS900 engine for XTI’s first prototype, a two-thirds piloted subscale of the TriFan 600 vertical takeoff airplane. This announcement comes just… Read More

XTI Aircraft CEO on Expanding StartEngine Initiative: We Had Received 2,000 Expressions of Interest

Last month, Colorado-based XTI Aircraft Co. (XTI) announced it has extended its TriFan 600 campaign on StartEngine. This was after the company secured $20.6 million in non-binding expressions of interest. XTI has designed a 6 seater, vertical take-off and landing aircraft that has the potential to… Read More

XTI Aircraft Receives SEC Approval for Reg A+ Offer. Investors May Purchase Equity During Next 30 Days

XTI Aircraft has received approval by the SEC to sell equity in its company under Regulation A+. The offer is now live on StartEngine for the next 30 days and is available to all investors – globally. XTI Aircraft has designed a 6 seater, vertical… Read More

P2P Lender Ablrate Makes First Loan In Waste-To-Energy Section For SEaB Energy Ltd.

Ablrate, a peer-to-peer lending platform that is among the first to offer investors access to asset-backed loans against aircraft transactions, just announced its first loan in the waste-to-energy section for SEaB Energy Ltd. According to the press release, the new transaction for GBP250,000 gives investors 11% pa returns for… Read More

Hybrid Air Vehicles Launches Crowdcube Campaign for Airlander 10, ‘World’s Largest Aircraft’

Bigger than a football field, the largest aircraft in the world is a low-carbon, low-noise, low-pollution wonder that soars high. Hybrid Air Vehicles, its manufacturer, is hoping that Airlander 10’s crowdfunding campaign will also reach great heights. On investment crowdfunding platform Crowdcube, London-based Hybrid Air Vehicles on Tuesday launched a… Read More

Aircraft Backed P2P Lender Ablrate Partners with SIPPClub

Ablrate, a niche player in the peer to peer lending space that focuses on Aircraft backed securities, has announced a partnership with SIPPClub that is designed to enable sophisticated investors to invest in Ablrate loans through EvolutionSIPP. Self Invested Personal Pensions (SIPP) will assist the marketplace… Read More

Ablrate Pushes Latest Aircraft Secured Investment Opportunity

Peer to business lender Ablrate is now offering an investment opportunity that is expected to return 11% per annum.  Ablrate, a niche P2P lending platform, is doing a refinancing on an ATR 42 500 aircraft looking to raise £2.475 million. The loan represents a 71%… Read More

Synthesis P2P Fund Will Invest Through Ablrate, Lending Platform for Commercial Aircraft Leasing

Peer to peer lending platform Ablrate has announced an agreement for investment company Synthesis to use its P2P Sub-Fund to invest via the Ablrate site.  Ablrate is a unique “P2B” operation in that it is asset backed, leveraging commercial aviation leasing.  Ablrate launched in 2014… Read More

e-Go Aircraft, to be Built in Britain, has Raised Over £650,000 in Crowdfunding

Raising Equity on SyndicateRoom e-Go Aeroplanes Raises £650,000 in Capital. Investors have contributed over £650,000 into the first British company to design and build a new type of aircraft in decades. The makers of the e-Go aircraft has attracted a solid level of investment via… Read More

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